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[Laboratorios Almond gives Nazca entry into its capital to accelerate its growth project (08/12/2020)

Founded in 1995 in Murcia, Laboratorios Almond is the leading independent manufacturer and distributor of vegan and organic food in Spain with two well-known brands in the market.

Nazca is associated with Francisco Javier Lajar n, who will continue as general director and relevant shareholder of Laboratorios Almond with the strategic objective of consolidating the company as the leading provider of organic and healthy products, both in Spain and in abroad.

NAZCA CAPITAL, a company focused on investing in small and medium-sized unlisted Spanish companies, has acquired, through the Nazca IV Fund, a majority position in Laboratorios Almond, a specialist in the manufacture and marketing of food products.

n organic since 1995.

The entry of NAZCA into Laboratorios Almond takes place with the aim of consolidating the company's position as a leading provider of organic and healthy products, both in Spain and in Europe.

The company, with the support and experience of NAZCA in the sector, intends to continue developing products to respond to the growing needs of the bio, 'veggie' and 'healthy' consumer, in a growing market, driven by concern.

n for health, sustainability and food of natural origin.

With headquarters and production facilities in Librilla (Murcia), Laboratorios Almond is the independent market leader for organic food in Spain, with a business model based on product quality and innovation and a broad portfolio of references (vegetable drinks, sweeteners, oils and seeds, among others).

The group, which markets its products under two prestigious brands in the market, estimates that it will close 2020 with a turnover of around € 47 million.

Laboratorios Almond is recognized in the market for the quality of its products, being one of the pillars of the company and the result of 25 years of experience in the sector.

In addition, it is characterized by being a pioneer in the development and launch of new products, highlighting as main milestones the introduction into the market of vegetable drinks (1999), vegetable desserts (2005), agave syrup (2011), oil coconut (2013) and panela (2017).

The capacity for innovation and the commitment to R&D have also allowed the company to develop a new line of vegetable yoghurts and k fires, which will be available soon.

The project will continue to be led by Francisco Lajar n Barquero, current CEO and one of the founding partners, who has a deep knowledge of the organic food sector after 15 years as manager of the company and who maintains its position as a relevant shareholder.

NAZCA will contribute to Laboratorios Almond its experience in the food market, both conventional and organic, and in the development of growth projects in family businesses, providing resources and tools to improve the competitiveness of the company.

Francisco Javier Lajar n Barquero, founder and CEO of Laboratorios Almond, affirms that "Nazca's support will serve to boost our growth strategy.

We will be able to take advantage of its extensive experience in the sector to accelerate our expansion plans.

n, with the aim of strengthening our position as leaders in the market for organic products in Spain ".

lvaro Mari tegui, co-founder and co-CEO of NAZCA CAPITAL has commented "Our objective is to accompany and support the company in its growth process, betting on its commitment to quality, product and innovation.

n.

The excellent positioning of Laboratorios Almond in Spain, one of the most dynamic markets in Europe that has been growing double-digit in recent years and internationally, confirms the enormous potential of this company " .

Socios Financieros, KPMG and Ur a Men ndez have advised NAZCA in this operation, while Garrigues has acted as advisor to the sellers.

Source: Agencias

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